Woodside’s Scarborough project 91 percent complete

Woodside’s $12.5 billion Scarborough project in Western Australia is 91 percent complete, and it remains "on track" to ship first LNG cargo in the first half of 2026.

The Perth-based LNG player revealed this in its third-quarter report on Wednesday.

The project was 86 percent complete at the end of the first half of this year.

Woodisde said in the update that it continued integration and commissioning activities for the project’s floating production unit ahead of China’s departure in November.

McDermott recently completed work on Woodside’s FPU, which be moored at the Scarborough gas field approximately 375 kilometers offshore from the Burrup Peninsula.

Following arrival at the field, the FPU will be connected by a 433 km trunkline to a second LNG processing train at the Pluto LNG facility.

Pluto Train 2 will process about five million tonnes per annum (mtpa) of Scarborough gas, and with some modifications to the existing Pluto train, up to three mtpa will be processed there.

In addition, Woodiside also said it continued drilling of the development wells with the fourth, fifth, and sixth wells drilled and completed.

Subsequent to the end of the third quarter, the seventh development well was drilled.

“Reservoir quality and well deliverability expectations continue to be in line with pre-drill estimates,” Woodisde said.

Woodside also said that Pluto Train 2 workforce numbers remain at peak levels.

Key activities include piping and electrical installation, system testing, and commissioning.

Also, Woodside completed the installation of structural decks on the Pluto Train 1 modifications modules.

In November 2021, Woodside took a final investment decision on the Scarborough and Pluto LNG Train 2 developments.

Last year, Woodside revised the total project cost estimate to $12.5 billion ($8.2 billion Woodside share), a 4 percent increase from the previous cost estimate at FID of $12 billion.

Woodside’s Scarborough project recently cleared the final legal hurdle following a ruling by Australia’s Federal Court.

Louisiana LNG

The Australian firm also provided an update on its Louisiana LNG export project in the US.

Last month, Woodside said that the first train of its $17.5 billion Louisiana LNG export terminal was more than 22 percent complete, as the company works to start first LNG production at the three-train facility in 2029.

Woodside held the project’s groundbreaking ceremony attended by leaders from the local community and state and federal governments.

According to the update, the Louisiana LNG project, comprising three trains, was 19 percent complete, and first LNG is targeted for 2029.

Woodisde said that Train 1 was 25 percwet complete at the end of the quarter, while first deliveries of structural steel and process piping were received for Train 1 construction.

Also, Train 2 and 3 were 14 percent and 12 percent complete respectively at the end of the quarter.

Woodisde also said that it progressed securing rights of way for newbuild pipeline (Line 200) to the terminal, currently secured 55 percent by length.

Results

Woodside reported revenue of $3.36 billion for the three months ended September 30, down compared with $3.7 billion last year.

The company’s production of 50.8 MMboe decreased 4 percent year-on-year.

Full-year 2025 production guidance has been revised to 192 – 197 MMboe.

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